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20121223
20121223
Search Results 0 to 10 of about 11 (some duplicates have been removed)
and it in racing tax brackets on what people earn. why is chained cpi suddenly so vital to the fiscal cliff negotiation? it isn't a spending cut or a tax hike, but it would effectively cut spending and raise taxes on some, saving the government an estimated $300 billion over the next decade. the problem is that what that means is that seniors, the longer they live, the less money they would actually take home. they would see a cut to their benefits and that's what has progressives so upset. >> politically speaking, this was a significant concession from the democrats or was it just an accounting fix? >> well you know, it was both of those things. it is an accounting fix. it is a significant concession from democrats. some democrats who i spoke to said look, maybe i would consider this maybe. but only if we could have some sort of mechanism, ali, that a senior past age 85 who would be facing six or 8% cut in benefits, maybe there would be an adjustment to make sure, especially for people who are very poor, that there would be some sort of safety net. paul krugerman has said liberal firebrand
higher taxes and the fiscal cliff thing and they are not spending so much. if there is a sign next week we could have a deal, perhaps we will see moreshipping. there is going to be a lot of sales after christmas. >>heather: people get their gift cards. and we see that. that will be an important indication. not all hope is lost but we are cutting back and not as much spending as we hopeed. >> not all hope is lost. >>gregg: i am single-handedly holding up the american economy. one man stimulus. >>heather: you can catch brand da every saturday morning at 10:00 a.m. right here. >>gregg: it legal immigrants could get a free pass in the united states as immigration and customs enforcement unveil a new border patrol policy to bypass certain kinds of offenders. dominic is live in our west coast newsroom with more. >>reporter: yes, this policy snuck through hoping people would not notice and now illegal immigrant if they commit a petty crime they are not deported. the aim of homeland security and customs is to consequence trait resources on hunting down the dangerous illegal immigrants, instead,
republic in washington state has the front-page story on the fiscal cliff called "tax hikes may not hit paychecks right away." it's about how it's already too late for employers to accurately withhold income taxes from january paychecks. and the reno sunday gazette journal has an article entitled "first person: buying a weapon at the reno gun show." the writer chronicles how he went to a gun show and bought a semiautomatic rifle in less than 30 minutes for under $600. the background check took 15 minutes. one gun seller told the reporter rifles similar to the one used in newtown were expected to double in price in the next 90 days. i just finished reading that article. pretty unbelievable. >>> a democratic president at a time of political upheaval passes a major gun-control act in the wake of several shooting tragedies. that may sound like president obama's plan for the next term, but it actually happened 44 years ago. >> today we begin to disarm the criminals and the careless and the insane. and all of our people who are deeply concerned in this country about law and order should hail
cliff," it's already past the deadline for employers to accurately withhold income taxes from january paychecks. this means. at first workers probably won't feel the full brunt of next year's tax increases in their january paychecks. employers are planning to withhold income taxes at the 2012 rates, at least for the first one or two paychecks of the year. things change when the internal revenue service releases income tax withholding tables for 2013. >> president barack obama and first lady michelle obama are wishing americans a merry christmas and happy holidays from hawaii. the obamas departed for their vacation last night and arrived there this morning. the president says the nation should give thanks for veterans and their families and asks americans to "say a prayer for all our troops" - including those spending the holiday in afghanistan >> authorities are saying that prosecutors are deciding whether to p charges over the royal prank phone call that caused a nurse to take her life. this after two australian djs impersonating queen elizabeth and her son. called the hospital that
reporter john steinhauser for. >> americans are worried about the taxes if the nation falls off the fiscal cliff at the end of the year. seven of ten questioned in our poll says there will be major problems or a crisis in the country if that happens. >> part of what voters they were looking for is some compromise up here. that's what folks want. >> our poll indicates more americans want the republicans than the democrats to compromise more to reach bipartisan solutions. >> the democrat-controlled white house has no plan and offered no plan all year to deal with these looming cuts. >> but the public doesn't seem to agree and more people would blame republicans in congress rather than the president if no deal is reached. one reason why, more people see the views and policies of the gop rather than the democratic party as too extreme. that wasn't the case two years ago. if there's any good news in the poll for the republicans, it's this. a small majority say it's good for the country that the gop controls the house, which suggests the public doesn't want the democrats controlling everything h
already. the fiscal cliff. it's not a cliff. it's a metaphor that refers to two single acts of congress signed by the president. spending cuts and tax hikes that can be easily changed as they were created. so enough already about a cliff. okay. capitalist of the year, pat? >> french actor gerald depardo. he flees from france to belgium to avoid the income tax. gives up his citizen shap. mort, you ought to take a look at that example. he fled the country. >> i will get back to you. >> mayor bloomberg, who put $250,000 into the maryland same-sex marriage campaign which succeeded. also, he used his money to defeat a pro-gun democratic in california. money well spent by the mayor of new york. >> fed chairman bernanke who saved the financial system which is at the core of capitalism. >> beautifully stated. >> jim demint from his move from the senate to the heritage foundation. i want to tell you mr. capitalist. >> with that salary? capitalist of the year mark zuckerman. for his $200 million contribution to columbia university for their institute for the mind and the brain. congratulations, m
was a percent and a half lower because of all the uncertainty about the things with the fiscal cliff and the debt limit and so on. so that's a percent and a and a. we have got a percent out of taxes, half a percent to a percent out of fiscal consolidation and a percent and a half out of certainty. if you do it all at once, you probably won't get the high-end number. but i am very on optimistic thaf we just get ahead of the curve on these problems, that we can have the country we remember. thank you. >> thank you. i want to turn o jason. he -- turn to jason. we all know that in a financial sense and medicare are in trouble, but what we asked can him and charles blah house to do was how do you reform the social security system so it's not just fixing it in terms of making it balanced, but what do you do to get growth? what's the answer to that question? >> i have two hours, right? >> two minutes. [laughter] >> first of all, i want to thank everyone involved in this project. and, mr. president, thank you -- >> jason, why don't you sit here, because we're getting a little -- >> feedback?
price of georgia to challenge john deere for the job. much more on what is next for the fiscal cliff. one week before we reach that point. the deadline is december 31, january 1. the president is in hawaii. the house and senate are also in set -- in session this week. elliot engel, weighing in on a number of topics, including rumors that former republican senator chuck a bill could be nominated as defense secretary. you heard from the president on friday as he nominated senator john kerry as secretary of state and the new speculation about chuckle over at the pentagon. here are the comments of congressman dingell, the incoming democratic member of the house foreign affairs committee. but there is a huge opposition to the potential nomination of chuckled to become the next secretary of defense, even the president obama has not made his decision. the former senator has come under fire for statements he has made, including one where he referred to the pro-israel lobby as the "jewish lobby." what is your reaction to that remark? >> i think that remark is a troublesome and problematic. it
going over the cliff, fiscal cliff here, and it's going to be a big crisis and everybody will wring their hands and then hopefully we're going to get a deal, which is going to require raising taxes. republicans going to hate and cutting back entitlements and democrats like the. and it will require a complex. i wish dwight eisenhower here work to engineer that compromise. >> two quick questions. the first one is in response to something you said just a few minutes ago. i just came here from the vietnam memorial wall, and there are some names from 1959 picks i think those need to be noted at least in a footnote. this happening under president eisenhower's watch. >> that's true. >> the bigger question as with or spoken to or spoken, you've only or spoken to you for i'm about but have a chance to read it yet, so i don't know the depth to which you go in the u2 affair that's already been touched on, but i am mindful that -- 1986 study called mayday. >> a great book. >> the very end of the book, he accounts eisenhower writing his memoirs in 1954, calling up john mckeown, then director of
think we're going over the fiscal cliff here, and it's going to be a big crisis, and everybody's going to wring their hands, and that's, hopefully, we're going to get a deal which is going to require raising taxes, which the republicans are going to hit, and cutting back entitlements that the democrats are going to hate, but it needs a compromise. i wish eisenhower were here to engineer that compromise. yes, sir? >> two quick questions. the first one is in response to something thaw yoid just minutes ago. i just came here from the vietnam memorial wall, and there are names from 1959. i think those needed to be noted in a footnote as happening -- >> that's true. >> under president eisenhower east watch. the bigger, little question as we've spoken. you signed my book, but i have not had a chance to read it. i don't know the depth in which you go in the u2 affair that's already been touched on, but i am mindful that from beschloss's book called "may day" -- >> a great book. >> recounts the memoirs in 1964 calling up the then director of cia -- >> right. >> saying, john, can you remind me
Search Results 0 to 10 of about 11 (some duplicates have been removed)